Gianfranco Ferre Residences by Mira

Ras Al Khaimah, United Arab Emirates

1 / 15

Price from

≈ $439,210AED 1,613,000Rate as of 2026-10-13

US dollar amounts are shown for easier comparison. The developer's price is set in the listing currency.

AED 29,381 / m²

pricier than 80% of city projects

+21% vs the city median (Ras Al Khaimah), sample of 38 projects

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Data verified Oct 9, 2026price source: developer partner networkupdated 3 days ago

Properties

Condominium

Area

42 - 492 m²

Bedrooms

1 - 4

Completion

Q1 2028

Readiness

Under construction

Dry season

May, Jul, Aug

First instalment

10%

Properties

Condominium

Area

42 - 492 m²

Bedrooms

1 - 4

Completion

Q1 2028

Readiness

Under construction

Dry season

May, Jul, Aug

First instalment

10%

Is this expensive for the city

$8,000per m²pricier than 80% of city projects

Median $6,593

$3,636$10,935

+21% vs the city median (Ras Al Khaimah), sample of 38 projects

Rate as of 2026-10-12, city data updated 2026-10-12. Prices converted to US dollars at the quote-date rate. Source: Housebook catalogue.

The cost of this project

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What it really costs

Payment plan

Step 1
On booking
10%
$43,921
Step 2
Tax
4%
$17,568
Step 3
Before commissioning
50%
$219,605
Step 4
On transfer
40%
$175,684

Total$439,210

The developer may revise the payment schedule. Confirm the current terms before the deal.

ROI Calculator

Purchase price: $439,210

Monthly rent: $2,206

$436$6,590

A 6% annual yield estimate. We do not have market rental rates for this city yet. Check the real rate with your agent.

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Occupancy rate: 95%

40%100%

Annual appreciation: 6%

0%20%

Monthly income

$1,684

Annual income

$20,203

Gross yield

5.7%

Net yield

4.6%

Value in 5 years

$587,763

5-year ROI

57%

Calculations are estimates based on average market data. Actual returns may vary. This is not financial advice.

When is the season here

Driest months: May, Jul, Aug

Wettest months: Jan, Mar, Dec

Dry months per year: 6. A month counts as dry when its rainfall is below the annual median of monthly rainfall.

Rainfall, mm per monthTemperature, °C

Show monthly table

Monthly climate normal: temperature and rainfall
Month	Temperature, °C	Rainfall, mm
Jan	20.1	23
Feb	21.1	10
Mar	23.7	16
Apr	27.5	6
May	31.5	1
Jun	34.1	2
Jul	35.7	1
Aug	35.7	1
Sep	33.7	1
Oct	30.8	2
Nov	26.4	8
Dec	22.4	14

Source: NASA POWER, climate normal (2001-2020). Grid node 25.7, 55.7. This is a multi-year normal, not a weather forecast.

About the project

Properties

Condominium

Completion

Q1 2028

Status

Under construction

Area

42 - 492 m²

Properties

Condominium

Completion

Q1 2028

Status

Under construction

Area

42 - 492 m²

Description

Mira Developments is building Gianfranco Ferre Residences by Mira in Ras Al Khaimah, in the Ras Al Khaimah region of the United Arab Emirates. Completion is scheduled for March 2028.

Layouts range from 1 to 4 bedrooms, with areas from 42.12 to 492.15 square meters. This spread covers compact apartments as well as larger multi-bedroom residences.

Prices start from AED 1,613,000 and go up to AED 14,537,000, with a price per square meter of AED 29,538. The range of prices and sizes spans from smaller one-bedroom apartments to larger four-bedroom residences.

The project is currently under construction, with handover planned for March 2028.

This description was prepared with the help of artificial intelligence from developer data and public sources. Please check key figures and terms with our adviser.

Location

Ras Al Khaimah, United Arab Emirates

Market context

Residential price growth

39% YoY

Apartment price level

Dh2,000 per sqft

Rental growth

5% YoY

Average gross rental yield

5.6%

Foreign buyer share

68%

Ras Al Khaimah’s residential market is on a sharp upward trajectory, with prices and rents both posting solid year‑on‑year gains and the emirate attracting a growing share of foreign investors. The momentum is underpinned by strong economic growth, new premium projects such as the Wynn Al Marjan Resort and expanding tourism, suggesting continued capital appreciation and robust rental demand into 2026.

Sources (6) · updated 21/08/2026

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